MARKET KNOWLEDGE - 2
Advanced Analysis and Trading Market Knowledge-2 is an advanced course suitable to whom already have some trading experience and/or is already very familiar with the concepts and topics covered in Market Knowledge-1
In MARKET KNOWLEDGE-2 we will deeply cover the 2 other market dimensions: VOLUME and ORDER FLOW, as well as ADVANCED MONEY MANAGEMENT and much more.
This is the most advanced trading approach to the reality of the market currently available; fortunately there are now several quality software and datafeeds that allow us to do this type of analysis effectively.
CONTENT DETAILS OF THE 12 HOURS COURSE:
- AMT - Auction Market Theory:
- understanding the reality of the market
- price, time, volume, order flow
- balance, unbalance
- Traditional Market Profile
- The normal or Gaussian distribution
- Theory and elements of the Traditional Market Profile
- TPOs vs. Volume Profile
ELEMENTS OF THE VOLUME PROFILE THEORY (Full Analysis)
-The Volume Profile (IB, VA, VPOC, COMPOSITE, HVN, LVN, etc ...)
- Market participants - Timeframe control
- Initiative and responsive activities
- Balance, Unbalance and higher timeframe horizons
- Trending Vs. Braketing Markets
- Types of days and Initial Balance
- The profile shape and its completion
- Unbalanced Profiles - upwards or downwards
- Excesses
- Strong High / Low – Weak High / low
- The energy needed to move the value
- Diffusion Model
- Traps and wrong way of thinking
VOLUME PROFILE: daily trading practical application
1) DEFINITION OF THE MULTIDAY CONTEXT
-price action, levels, volatility cycle etc ..
- daily chart with composite
- daily profiles
2) IDENTIFICATION OF INTRADAY LEVELS IN WHICH IT CAN BE INTERESTING TO DO BUSINESS
-O.Inventory, opening in relation to the previous day, previous VPOC, hypothesis formulation, etc ...
3) VOLUME PROFILE USE IN REAL TIME DURING THE DAY
- opening types, OTF presence, profile development, WH and WL, SH, SL etc ..
ORDER FLOW: medium advanced concepts
- Benefits of using the order flow
- Types of orders
- Supply and demand
- Understanding Liquidity
- Liquidity and Volatility
- How to confirm reversals with the use of the OF
- The use of Order Flow on Prop trading Firms
TOOLS AND PRACTICAL USE OF THE ORDER FLOW
- Delta Volume and CVD
- Footprint Charts
- Historical DOM and graphical enriched DOM
- The order flow to optimize trade management
- Important points to remember about the Order Flow
ADVANCED RISK AND MONEY MANAGEMENT
- The 3 psychological limits for a correct risk & money management
- The Random Effect
- Position sizing
- Entry and exit modes
- R-Multiples
- Expectancy
- MID
-When pressing on the accelerator pedal and when not
- Is it right to set rules and respect them?
TRADING IN A PROP TRADING FIRM
- which is our benchmark
- advantages and disadvantages
EXTRAS INCLUDED
1) Videotutorial 1: extrapolation of IB data on ES (Duration 22min)
Step-by-step guide to extrapolate data for the typical Initial Balance study of of the financial instrument you trade
2) Videotutorial 2: how to create a Footprint Chart on Sierra Charts (Duration 10min)
3) Excel Spreadsheet: Advanced Expectancy Calculation Spreadsheet -Advanced Money Management
h**ps://www.trading-research.com/en/courses/16-web-site/107-trading-course-market-knowledge-2-english.html